Considering the impact of Generative AI on core business functions?

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September 15, 2023

by a searcher from The University of Chicago - Booth School of Business in Dallas, TX, USA

Searchers! First time posting and I look forward to connecting with many like-minded folks over the next few months.

If you are currently in a search process or about to begin one, I have two questions for you:
1) Have you considered the likely 3-5 year impact of generative AI on core business functions such as sales, marketing, customer support, operations, and software development when evaluating potential acquisitions?
2) Do you consider AI as a core value driver in your search / evaluation process?
3) How are you thinking about deploying AI-driven transformation across core aspects of operations?

I'm looking to connect with a few folks who are ready to go deep on this, as I'm developing a thesis for an "AI Advantages" fund or a single acquisition based on this. My general thesis is that every industry will see some impact in terms of productivity gains, and a few niche areas (yet to be prioritized) will see an outsized impact.

Happy to collaborate with folks looking to share ideas around AI impact across the value chain / industries.

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Reply by a searcher
from The University of Chicago in Virginia Beach, VA, USA
from a business perspective, AI should enhance and create a competitive advantage to do more in general. "you won't get replaced by AI, but someone who knows AI might replace you" Building out the right use cases for AI is critical. Also, think about how to be more productive vs. others in your industry leveraging AI
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Reply by a searcher
from Brigham Young University in Boston, MA, USA
Following.
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